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Barnes & Thornburg has added Martín Montes as a partner in the firm’s Chicago office, where he will serve as group lead in Chicago for the Government Services and Finance Department.

Montes joins Barnes & Thornburg following a decade of legal and business experience at Exelon and served in executive leadership roles at ComEd, where he managed regulatory strategies and large customer business operations. He also spent nine years as associate general counsel at Walmart, where he developed and exe

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The resurgence of many American cities over the last 30 years came as a surprise. After a brutal mid-century, defined by deindustrialization and white flight, cities from Oakland to Boston saw their fortunes revive. Population rebounded, crime fell, business activity hummed.

The single biggest reason why some American cities rebounded beginning in the 1990s was because of immigration. In areas like Northeast Philadelphia and East Boston, as domestic white Americans continued to leave the city,

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McKinsey research reveals interventions that can help boost Latino participation in the US economy and strengthen the nation’s economic performance overall. 

Senior Partner, Lucy Pérez, how greater support for Latino workers, business owners, consumers, savers, and investors in the United States could create economic opportunities not just for individuals and families in this demographic but also for the whole country. READ MORE AT MCKINSEY RESEARCH

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YouTube TV now offers a streaming plan featuring only Spanish-language channels and is also beefing up the lineup of Spanish-language content with a new add-on for the virtual MVPD’s base package.

The new option, called Spanish Plan, costs $34.99 per month (with an intro rate of $24.99 per month for the first six) and features 28 channels in Spanish including ESPN Deportes, Fox, Cine Latino, CNN Español, Discovery en Español, Tastemade en Español, Nat Geo Mundo, and Estrella TV, among others. U

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The Hispanic retail sector and manufacturers of products aimed at Latino consumers will benefit from the drive of intrepid Latino small business entrepreneurs in the United States. 

Even with notable disadvantages such as access to credit, Latino small business owners are the fastest-growing group of entrepreneurs in the United States. READ MORE AT ABASTO

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A national Latino nonprofit is spearheading an initiative to boost digital skills and provide workforce training among Hispanics.

The Hispanic Federation is partnering with Comcast NBCUniversal Telemundo to support digital skills training through the Latino Digital Equity Centers Initiative, the organization announced Tuesday. READ MORE AT NBC NEWS

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Be an amigo to Latinos

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We have witnessed the tremendous buying power of Hispanics as their homeownership rates skyrocket. And yet, many Spanish-speaking customers run into roadblocks when it comes to financing. According to the National Association of Hispanic Real Estate Professionals, Latinos experienced a 19.1% home purchase denial rate for conventional loans and were 81% more likely to be denied than their non-Latino counterparts. READ MORE AT NATIONAL MORTGAGE PROFESSIONAL

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The National Museum of the American Latino will debut its inaugural gallery in the National Museum of American History on June 18. The new American Latino museum likely won't open in its own building for at least another 10 years, but the Smithsonian will roll out exhibits until the museum finds its permanent home. READ MORE AT CNN

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Last year, about half of Latino households in the U.S. were homeowners. And according to the Urban Institute, this group could make up 70% of new homeowners over the next two decades. But new findings suggest Latinos are more likely than any other ethnic group to use risky home financing. READ MORE AT KGOU OKLAHOMA

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Latinos in the U.S. and Latin Americans are more likely than others to reconsider the workplace after the pandemic, Marina writes. Two-thirds of Latinos polled in Microsoft’s  say they are now much more conscious about prioritizing health over their work when it comes to going to the office, and 60% say they are considering changing jobs in response. READ MORE AT AXIOS

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Although Latinos and other people of color are avid moviegoers, they are deeply underrepresented on-screen, two recent reports show. The big picture: The first year of the pandemic ravaged the movie industry, with a 72% drop in ticket sales, but research shows that Latino, Black and Asian Americans helped keep it afloat. READ MORE AT AXIOS

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Jefa-Owned (owned by a Latina Boss), a national visibility campaign under PepsiCo's Juntos Crecemos platform, calls upon Latinas in the food and beverage sector to apply for the Juntos Crecemos Hispanic Digital & Delivery Program, an eight-week personalized business building program.

To mark the launch, PepsiCo leaders joined Latina business owners for the Nasdaq Opening Bell Ceremony, where they unveiled the first-ever Jefa-Owned neon sign, designed by PepsiCo. READ MORE AT CISION

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While the pandemic shook the personal finances of millions of people, Hispanics seem to have learned the lesson of saving for an uncertain future and not overspending.

Sixty-nine percent of respondents say they learned how much credit cards really cost looking at interest rates and fees. The respondents added that they now not only look for low interest rate cards, but also cut back on their use and pay more than the minimum payment each month. READ MORE AT BELATINA

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A new study finds many Latino parents are hoping their children make better choices with their money than they did. Only 51 percent of Latinos would want their children to make the same financial decisions (saving, investing, and budgeting) that they did.

A recent survey of 2,000 Americans between 18 and 41, half of whom identify as Latino, found that non-Latino respondents were much more likely to want their children to learn from and model their own money habits (76% vs. 51%). READ MORE AT ST

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